I believe Aehr's FY 2025 revenue guidance is extremely conservative due to the stabilization of the EV industry. Aehr is actively working to diversify its customer base and end-markets, and sees the potential to have 3 different 10% customers in FY 2025. Aehr's acquisition of Incal could prove to be lucrative, especially if the initial order for Incal's Sonoma system leads to more orders in the future.
This company is breaking out on AI-related growth. This e-commerce giant is set to dominate the high-growth Southeast Asian digital economy.
FREMONT, CA / ACCESSWIRE / September 5, 2024 / Aehr Test Systems (NASDAQ:AEHR), a worldwide supplier of semiconductor test and burn-in equipment, today announced it has received its first multisystem customer orders for its Sonoma ultra-high-power system for volume production test and burn-in of artificial intelligence (AI) processors. This customer is a large-scale data center hyperscaler delivering computing power and storage capacity to millions of individuals and organizations worldwide.
FREMONT, CA / ACCESSWIRE / August 21, 2024 / Aehr Test Systems (NASDAQ:AEHR), a worldwide supplier of semiconductor test and burn-in equipment, today announced that it will participate in the Jefferies Semiconductor, IT Hardware & Communications Technology Conference taking place August 27-28, 2024 at the Four Seasons Hotel in Chicago. President and CEO Gayn Erickson and CFO Chris Siu will be hosting meetings with investors throughout the day on Tuesday, August 27.
FREMONT, CA / ACCESSWIRE / August 19, 2024 / Aehr Test Systems (NASDAQ:AEHR), a worldwide supplier of semiconductor test and burn-in equipment, today announced that it will participate in the 5th Annual Needham Virtual Semiconductor and SemiCap 1x1 Conference on Wednesday, August 21, 2024. Aehr Test President and CEO Gayn Erickson and CFO Chris Siu will be hosting virtual meetings with investors throughout the day.
FREMONT, CA / ACCESSWIRE / August 1, 2024 / Aehr Test Systems (NASDAQ:AEHR), a worldwide supplier of semiconductor test and burn-in equipment, today announced it has completed its acquisition of Incal Technology, Inc., a Fremont, California-based, privately held manufacturer of packaged part reliability/burn-in test solutions used by a significant number of leading Artificial Intelligence (AI) semiconductor manufacturers. The acquisition was announced in a press release on July 16, 2024 that may be accessed here.
Key Points Investors have been turning to small-cap stocks over the past few weeks, with the Russell 2000 Index up 11% so far in July.
Aehr Test Systems stock surged +22% after earnings last week. I'm reiterating my buy. The thesis I promised back in March about Aehr being better positioned to outperform after its outlook and stock got derisked played out this quarter. Looking forward, I think the next leg of growth will come from new target markets in the works plus increased SiC demand in 2025 once automotive end demand rebounds.
Wafer level test and burn-in solutions supplier Aehr Test Systems reported Q4 and fiscal year 2024 results in line with last week's preannouncement. However, adjusted for the proposed acquisition of Incal Technology, FY2025 guidance came in well below consensus expectations. The company's core silicon carbide wafer level test and burn-in business is likely to remain challenged well into FY2025 and potentially beyond.
Favorable quarterly results from several buy-rated stocks have rolled in this week with now appearing to be an ideal time to invest in their growth.
Aehr reported a better-than-expected fiscal fourth quarter. Revenue was down 25% year over year due to sluggish demand for electric vehicle chips.
The company guided for fiscal year 2025 revenue of at least $70 million, topping Wall Street's estimate of $67.9 million. Its quarterly revenue and earnings also beat analysts' expectations.